StepStone VC Raises $97M for Two Blockchain Funds

StepStone VC Raises $97M for Two Blockchain Funds

The venture capital arm of StepStone Group (STEP), a global private markets firm with $138 billion in assets under management, has raised a combined $96.54 million for two versions of a blockchain-focused private equity fund, according to filings with the U.S. Securities and Exchange Commission. The existence of the funds were revealed in disclosures last June, but amendments released on Tuesday revealed the sales figures for the first time.